US Bitcoin ETFs Post Strongest Weekly Inflows Since Last October — Details
Bitcoin ETFs Boozy Inflows: Party Time!
Alright folks, hold onto your digital wallets because it looks like US Bitcoin ETFs are kicking off 2026 with a bang. After wobbling like a toddler on roller skates at the end of last year, these exchange-traded funds are now doing the cha-cha with their best weekly performance since October! It’s like they attended a motivational seminar titled “Get That Crypto!” and it’s paying off big time.
Money, Money, Money!
This week, these ETFs amassed a whopping $1.42 billion in inflows, signaling that institutional investors are back in the game. Meanwhile, Bitcoin’s price is putting on a shindig of its own, twirling up to as high as $97,500. That’s right, if Bitcoin were a person, it would be the life of the party right now!
A Week of Swings
Just a week ago, these ETFs were on the wrong end of a financial hangover with over $681 million flowing out like a leaky faucet. Talk about a turnaround! Before this resurgence of interest, these Bitcoin funds had drawn in about $1.26 billion since mid-October. Honestly, it’s like they were on a quest for treasure and finally hit pay dirt!
Fleeting Fortune?
But don’t pop the confetti just yet! On January 16, the party came to a halt with $394.64 million exiting stage left, ending a glorious four-day streak of inflows. The Fidelity Wise Origin Bitcoin Fund (FBTC) topped the outflow leaderboard with $205.22 million performing an impressive magic trick: disappearing!
Other ETFs Joining the Drama
Next on the hot seat was Bitwise Bitcoin ETF (BITB), pulling $90.38 million out of the fund, while Ark 21Shares Bitcoin ETF (ARKB) and Grayscale Bitcoin Trust (GBTC) didn’t want to be left out, posting outflows of $69.42 million and $44.76 million respectively. It’s safe to say it’s not all champagne and cupcakes in ETF land!
BlackRock Saves the Day (Sort Of)
In a scene reminiscent of a superhero movie, BlackRock’s iShares Bitcoin Trust (IBIT) attempted to soak up the outflow shock with a tiny $15.09 million inflow. While it might not be enough to save the day, every bit counts, right? This brave little inflow helps IBIT maintain its more celebratory weekly inflow of a cool $1 billion.
Ether ETFs Are Coming to Play Too!
But wait, there’s more! Ether ETFs are also joining the money train, hitting their highest single-day performance ever. They raked in nearly $480 million in just a week. So if you had any doubts about the crypto party being over, it seems like we’re only getting started!
Price Play
As these ETFs are dancing the night away, Bitcoin’s price has been nothing short of dramatic. After hitting that dazzling $97,000 earlier in the week, it has settled slightly above the $95,000 mark following a little drop— it’s like watching a soap opera where just when you think it’s all good, something dramatic throws a wrench in the gears!